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Home  Jan, 2006

The latest City and personal finance news with updates throughout the day



Car buyers slam on the brakes  [01/07/2006 04:20 AM]
UK car sales fell by 5% last year to less than 2.5m, a five-year low. Dealers blamed reluctant private buyers for the drop
Wimpey woe on completions and prices  [01/07/2006 04:20 AM]
George Wimpey has warned it will miss ambitious City forecasts for 2005 as it admitted house sales fell by volume and value
Market report: Friday close  [01/07/2006 04:20 AM]
Sell recommendations on Tesco shares are extremely rare. But there was one such call today, and it succeeded in holding the stock back in a rising market
Base rate cut hopes put on hold  [01/07/2006 04:20 AM]
Homeowners hoping for an early cut in interest rates look set to be disappointed when the Bank of England meets next week
Gloomy new year for companies  [01/07/2006 04:20 AM]
London firms have started 2006 in gloomy mood, with those predicting the economy will worsen more than triple the number who think it will improve
Price war takes toll on JJB Sports  [01/07/2006 04:20 AM]
JJB Sports today sounded a major profit warning, blaming savage discounting on trainers and clothing.
DX Services posts sales alert  [01/07/2006 04:20 AM]
Business mail group DX Services today said rising costs and lower-than-expected sales would cause it to miss profit targets
Pensions deficit grows by 24%  [01/07/2006 04:20 AM]
The pensions deficit facing Britain's 350 biggest public companies grew by a record 24% last year
Permira checks out Travelodge auction  [01/07/2006 04:20 AM]
Travelodge, Britain's second-largest hotel chain, looks set to go under the hammer later this year with a £1.1bn price tag
Co-op and Arcadia axe pensions  [01/07/2006 04:20 AM]
Two of the UK's biggest employers, Co-op and Arcadia, have taken an axe to their gold-plated pension schemes, following the lead of Rentokil
HBOS hands over to 'young star'  [01/07/2006 04:20 AM]
James Crosby, the HBOS chief, is quitting his £1.5m-a-year post after seven years and will hand over to 39-year-old 'superstar' Andy Hornby
Fragile economy sparks slump  [01/07/2006 04:20 AM]
The stock market may have closed 2005 on a high but the number of firms collapsing hit its highest level for three years
Switch from gas fuels petrol crisis  [01/07/2006 04:20 AM]
Fears were growing last night about nationwide fuel shortages as the impact of soaring gas prices began to bite
Air delays at four-year high  [01/07/2006 04:20 AM]
Air passengers suffered their longest delays for four years last summer, with Gatwick Airport travellers faring worst
The equity release nightmare  [01/07/2006 04:20 AM]
Using an equity release scheme to raise even modest sums can leave you with nothing, warns a new report from campaign group Which?
Redrow warns of slowing housing market  [01/07/2006 04:20 AM]
Homebuilder Redrow has warned it will not replicate last year's first half profits as activity drops in the housing market
Wary fund managers turn to cash  [01/07/2006 04:20 AM]
Fund managers have trimmed their exposure to stocks and bonds in favour of cash - a sign they are becoming more risk-averse
Windows aims to kill off the iPod  [01/07/2006 04:20 AM]
Microsoft today declared war on the iPod by launching a rival music service with MTV, which will give users access to 2m songs and videos
5m adults fooled by scams  [01/07/2006 04:20 AM]
About 5m adults across Britain have been fooled into responding to scams, a survey out today shows
Hornby is given the train set  [01/07/2006 04:20 AM]
Hornby may be the right man for HBOS in good times, but how will he cope if things get rocky, asks the Daily Mail City Editor
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